Sony Bails Out of Music Streaming

Subscriber Service Shutting Down; Spotify Will Power Music for PlayStation

A shakeout in the crowded market for music-streaming services appears to be gathering steam.

Sony Corp. said it is shutting down its $10-a-month Music Unlimited at the end of March, four years after launching it in the U.S. The streaming service, one of the biggest in Japan, is integrated into Sony’s PlayStation consoles and has counted mostly PlayStation users among its subscribers.